XML 20 R4.htm IDEA: XBRL DOCUMENT v3.19.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
 3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenues        
Revenue $ 728,383 $ 748,141 $ 1,280,006 $ 1,589,596
Costs and other expenses        
Costs and other expenses 679,426 1,029,803 1,283,476 2,209,248
Gross profit (loss) 48,957 (281,662) (3,470) (619,652)
Operating Expenses        
Selling, general and administrative 1,058,671 1,076,184 2,435,704 2,538,038
Research, development and engineering 301,217 297,633 675,335 689,787
Total Operating Expenses 1,359,888 1,373,817 3,111,039 3,227,825
Operating loss (1,310,931) (1,655,479) (3,114,509) (3,847,477)
Other income (expense)        
Interest income 54 14 124 21
Interest expense (114,866) (114,866)
Total other income (expense), net (114,812) 14 (114,742) 21
Net loss (1,425,743) (1,655,465) (3,229,251) (3,847,456)
Convertible preferred stock dividends (41,870) (198,033)
Net loss available to common stockholders $ (1,425,743) $ (1,697,335) $ (3,229,251) $ (4,045,489)
Basic and diluted loss per common share attributable to common stockholders (in dollars per share) $ (0.10) $ (0.15) $ (0.23) $ (0.42)
Weighted Average Common Shares Outstanding:        
Basic and diluted (in shares) 14,117,062 11,375,320 14,048,570 9,623,151
Service [Member]        
Revenues        
Revenue $ 231,993 $ 249,121 $ 473,603 $ 551,570
Costs and other expenses        
Costs and other expenses 58,421 120,841 149,250 275,573
License [Member]        
Revenues        
Revenue 60,300 154,251 143,508 256,970
Costs and other expenses        
Costs and other expenses 372,327 766,637 749,543 1,540,102
Hardware [Member]        
Revenues        
Revenue 436,090 344,769 662,895 781,056
Costs and other expenses        
Costs and other expenses $ 248,678 $ 142,325 $ 384,683 $ 393,573